GCash Users Can Now Open UNO Digital Bank Account Directly From Appby Fintech News Philippines March 14, 2023
Filipino citizens who are at least 18 years old, and who are fully verified GCash App users with active mobile numbers and mailing addresses registered in the Philippines, are eligible to open an #UNOready savings account.
The new offering is a savings account that offers up to 4.25% interest p.a. where the interest is credited daily. It has no requirements for a minimum balance and does not charge any service fees.
Additionally, customers can get free life insurance coverage worth PHP 50,000 for a minimum monthly Average Daily Balance (ADB) of PHP 10,000.00.
UNO Digital Bank is the first to offer time deposit products in GSave where customers have the flexibility to choose their desired term ranging from 3 to 12 months.
Other products and services like loans, insurance, and investment products will soon follow, according to UNO Digital Bank.
“I am very excited about this partnership with GCash who have been pioneers of inclusion and innovation in Philippines.
The 77M+ subscribers of GCash will now have access to UNO’s products and services that can help them accelerate the achievement of their financial goals, “
said Manish Bhai, Founder and CEO of UNO Digital Bank.
“Our partnership with UNO Digital Bank is in line with GCash’s goal of giving Filipinos a secure and convenient banking experience by being an all-in-one app for all their financial needs, from banking to lifestyle essentials.
Thanks to like-minded partners like UNO, we can make sure that more Filipinos can have access to essential banking services and help them gain financial freedom.”
said Martha Sazon, GCash’s President and CEO.